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kate spade is this an opportunity to boy into kate? that is next. plus one analyst says apple smartphone market share is going to take a major hit. find out why coming up on "fast." sthis billboard down? people find out state farm does car loans as well as they do insurance, our bank is through. good point. grab an edge. look there's two guys on the state farm borrow better banking sign. nope for real there's two dudes on the state farm borrow better banking sign. [ reporter ] breaking news from the state farm borrow better banking sign... we're seeing two men that have climbed the borrow better banking sign gentlemen please get down from the state farm borrow better banking sign. phil get the hose. okay he's getting the hose. alright, let's go. [ male announcer ] talk to a state farm agent about car loans that can save you hundreds. that's borrowing better. about car loans that cait's monday.undreds. a brand new start. your chance to rise and shine. with centurylink as your trusted technology partner, you can do just that. with our visionary cloud
kate spade is this an opportunity to boy into kate? that is next. plus one analyst says apple smartphone market share is going to take a major hit. find out why coming up on "fast." sthis billboard down? people find out state farm does car loans as well as they do insurance, our bank is through. good point. grab an edge. look there's two guys on the state farm borrow better banking sign. nope for real there's two dudes on the state farm borrow better banking sign. [ reporter ]...
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Aug 12, 2014
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kate spade didn't do well, we wouldn't expect them to be a beneficiary. walmart is going to report earnings two days from today and target is going to announce early next week. that's the sweet spot for consumers who are going to get a benefit from lower gasoline prices. >> for more on oil and gas, tune into the live showing, futuresnow.cnbc. steven short will tell us why the oil markets are shaking off iraq headlines. talking to joe lavorgfa, the fed and its next move, see you online. >> thanks so much. >>> coming up, share of kate spade on the move big time today. we'll trade it and find out why. abercrombie's getting love from the street with upgrade. are traders buying it? >>> then boston, meg terrell live is biogen, waiting for the big event. >> reporter: absolutely right. here with hundreds of employees of biogen who are all out here ready for a mass soaking for the ice bucket challenge for a.l.s. research, that's coming up in a few minutes. more "halftime report" after the break. (vo) watching. waiting. for that moment, where right place meets righ
kate spade didn't do well, we wouldn't expect them to be a beneficiary. walmart is going to report earnings two days from today and target is going to announce early next week. that's the sweet spot for consumers who are going to get a benefit from lower gasoline prices. >> for more on oil and gas, tune into the live showing, futuresnow.cnbc. steven short will tell us why the oil markets are shaking off iraq headlines. talking to joe lavorgfa, the fed and its next move, see you online....
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Aug 12, 2014
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an the baton was passed to kate spade. since then kate has been the brand right until the day, when the company blew in the numbers, got it higher, and the stock flew up at the open. then it did a hidity pirouette. wow, much lower. when the company revealed on the conference call there would be gross margin pressure and manage actually refused to discuss anything more ben it other than say, margin pressure. wait a second, margin pressure? that's what felled michael kors the other day. and they also mentioned they were reducing their expansion from 134 stores down to 100, a devastating decline for a high multiple stoke. no moas, sea of red. which reminds us great brands are able to keep their price points and very rarely find themselves blindsided by a competitor. there can be other reasons why they get weakened. uhear about them later. that can be blindsided by changing space. that's quite different from the passing of the hand-day-old back torch from coach to kors to kate spade. i had kate looked like the new king of hand
an the baton was passed to kate spade. since then kate has been the brand right until the day, when the company blew in the numbers, got it higher, and the stock flew up at the open. then it did a hidity pirouette. wow, much lower. when the company revealed on the conference call there would be gross margin pressure and manage actually refused to discuss anything more ben it other than say, margin pressure. wait a second, margin pressure? that's what felled michael kors the other day. and they...
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Aug 13, 2014
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also, i'll point to kate spade, because kate spade had that 25% drop yesterday. >> yeah. >> that's not a tech stock. but any time that you're betting on something out in the future that far -- kate spade wasn't expected to make hardly any money. they ended up losing a few million dollars. but in any case, these are not big as far as numbers of profit numbers they're dropping to the bottom line. you're betting on something out in the future, kelly. so, the same thing with pandora or with a kate spade. i know that kate spade's not a tech stock, but they can easily drop 25%. >> but the magnitude. i mean, just to see drops of this size, is that unusual? >> no, because again, who's out there to catch them? in the old days, there would be a lot more retail investors that would be trading the stock. >> right. >> right now, i think a lot of retail's sort of waiting and seeing, they're backing off, and/or, i'm happy to say, they're over in the options, not nearly as many retail investors in the stock market. that's reflected in the volume numbers we talk about every day. and unfortunately, some
also, i'll point to kate spade, because kate spade had that 25% drop yesterday. >> yeah. >> that's not a tech stock. but any time that you're betting on something out in the future that far -- kate spade wasn't expected to make hardly any money. they ended up losing a few million dollars. but in any case, these are not big as far as numbers of profit numbers they're dropping to the bottom line. you're betting on something out in the future, kelly. so, the same thing with pandora or...
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Aug 21, 2014
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with us, too, kate kelly. bart chilton was featured prominently in her book, "the secret club that runs the world." welcome, one and all. eamon, give us a quick background on the story. >> bart can give you a better version of the story that i can because it is his life but i'll give you the background. bart chilton was a cftc commissioner and left earlier this year. while there he became sort of famous for referring to high-frequency traders and cheetahs and saying they needed to be caged and reined in. he never said they need to be eliminated all together. always very consistent on that point. now he's left the cftc, gone to work for the law and lobbying firm dla piper and dla piper has been hired by an hft lobbying group to work on this issue. >> bart, do you not feel as though you are the very embodiment of this revolving door people are decrying between regulators and the industries they regulate? >> no, absolutely not. i agree with eamon, i've been consistent in what i've called for. i guess if anything,
with us, too, kate kelly. bart chilton was featured prominently in her book, "the secret club that runs the world." welcome, one and all. eamon, give us a quick background on the story. >> bart can give you a better version of the story that i can because it is his life but i'll give you the background. bart chilton was a cftc commissioner and left earlier this year. while there he became sort of famous for referring to high-frequency traders and cheetahs and saying they needed...
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Aug 4, 2014
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>> i like kors. >> i like kate. the right product at the right time. >> courtney gartman -- courtney reagan, four trades on four stocks making news today. first off, realology after topping estimates on both top and bottom line. >> this is a stock that's come down a lot. the bar was lowered and they came out with a good quarter. to me this is one that's going to be tied to housing. i don't see the immediate pop in housing. i'd wait on realology. nice quarter but i want to see more from the company before i jump in. >> bad news for nike golf. tiger woods injuring himself, threatening the rest of the season. shares are up so far. >> yeah, i think it's because golf is probably 3% of total revenue so it's a very small percentage. this is much more than a golf story. it really is about the international traffic. we recently trimmed our position low 70s, i would get back in. >> after popping more than 50% above its ipo price on friday, mobileeye hitting a new high, josh. >> yeah, early last week, i thought this one would
>> i like kors. >> i like kate. the right product at the right time. >> courtney gartman -- courtney reagan, four trades on four stocks making news today. first off, realology after topping estimates on both top and bottom line. >> this is a stock that's come down a lot. the bar was lowered and they came out with a good quarter. to me this is one that's going to be tied to housing. i don't see the immediate pop in housing. i'd wait on realology. nice quarter but i want...
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Aug 11, 2014
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so i'm up a little bit on kate. kate spade. okay. recently i bought qualcomm on the dip. okay. and i had under armour a while. okay. i've got san gammo. up a little bit on that. and i've got buffalo wild wings which i'm down 10%. >> let me go to work on that. thank you for taking the crew out to buffalo wild wings. a little in-house. qualcomm, buy it on the bounce. that's semiconductor company. san gammo, get rid of it. it's a biotech, not crazy about it. great job, kate spade reports this week. this is the last surer. under armour, get rid of kate spade, keep under armour. we'll bring in oh, man, we have to put bristol meyers in here and buy boeing. make a statement that mcnearney is not going to have a second quarter that we don't like. we have to stick with cramer. don't just visit new york. visit tripadvisor new york. with millions of reviews, tripadvisor makes any destination better. i make a lot of purchases foand i get ass. lot in return with ink plus from chase. like 50,000 bonus points when i spent $5,000 in the first 3 months after i opened my account. and i earn 5 ti
so i'm up a little bit on kate. kate spade. okay. recently i bought qualcomm on the dip. okay. and i had under armour a while. okay. i've got san gammo. up a little bit on that. and i've got buffalo wild wings which i'm down 10%. >> let me go to work on that. thank you for taking the crew out to buffalo wild wings. a little in-house. qualcomm, buy it on the bounce. that's semiconductor company. san gammo, get rid of it. it's a biotech, not crazy about it. great job, kate spade reports...
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Aug 5, 2014
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back to you, kelly. >> kate, do you buy it? >> not for a second. i mean, this is a stunning statement coming out of rupert murdoch's company. this is a man with stick toitness, to be envied. "the new york times" this morning laid out how negatively time warner has come out against the idea of this deal. having said that, i would not rule out that he'll come back again with a sweeter deal or some other concept for putting the companies together. i wouldn't rule it out at all. >> not only will he come back because he's obsessive about these things, but it really has put time warner into play and there are a number of other companies who could potentially come to the table. i think if time warner doesn't make a offensive move, perhaps buying a smaller company like a scripps to bulk up, they're going to remain vulnerable. >> i would agree and i would be shocked if a man with rupert murdoch's resources could not find a alternative way to pressure time warner's board members and management to consider some kind of back-door offer or other kind of offer.
back to you, kelly. >> kate, do you buy it? >> not for a second. i mean, this is a stunning statement coming out of rupert murdoch's company. this is a man with stick toitness, to be envied. "the new york times" this morning laid out how negatively time warner has come out against the idea of this deal. having said that, i would not rule out that he'll come back again with a sweeter deal or some other concept for putting the companies together. i wouldn't rule it out at...
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Aug 27, 2014
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. >>> jpmorgan's kate moore has just the right place to buy bp not too big, not too small. thaets next. >>> then, facebook its next downgrade in five months. stock falling as a result. is that a buying opportunity? >>> and timds, an investor's best friend. today they are certainly. tiffany's shares hitting a record high. a bear who isn't distracted by the shiny earnings. that ahead and much more from post nine. just take a closer look. it works how you want to work. with a fidelity investment professional... or managing your investments on your own. helping you find new ways to plan for retirement. and save on taxes where you can. so you can invest in the life that you want today. tap into the full power of your fidelity greenline. call or come in today for a free one-on-one review. >>> welcome back. best buy. stock leading the s&p today. doc feeling good, after the debate yesterday? >> yeah. well, judge, the stock was beaten down yesterday. we thought it would hold. it did. locht the debate to josh but liked the way the stock's performing here, and like i say, when you buy
. >>> jpmorgan's kate moore has just the right place to buy bp not too big, not too small. thaets next. >>> then, facebook its next downgrade in five months. stock falling as a result. is that a buying opportunity? >>> and timds, an investor's best friend. today they are certainly. tiffany's shares hitting a record high. a bear who isn't distracted by the shiny earnings. that ahead and much more from post nine. just take a closer look. it works how you want to work....
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Aug 21, 2014
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kate, thank you. >>> quickly before i let you go. do you think angela mozilo, formerly rand countrywide, should face civil charges out in california? as are expected? >> i have not personally investigated the case based on the anecdotal evidence are and what i've heard, sounds as though he engaged in serious misconduct and look forward to the facts emerging in the case. >> looking forward to speaking to you soon. >>> coming up next sears reporting its ninth straight quarterly loss. the stock plummeting. can anything save this retailer? we'll debate that next. >>> and a special note about tomorrow the show. the financial world's biggest power players out in jackson hole, wyoming. steve liesman is there. bringing us many first on cnbc presidents. dennis lockhart will be on the program tomorrow. excited about that. noon eastern. >>> we're back after this. with all the opinions about stocks out there, how do you know which ones to follow? the equity summary score consolidates the ratings of up to 10 independent research providers into a
kate, thank you. >>> quickly before i let you go. do you think angela mozilo, formerly rand countrywide, should face civil charges out in california? as are expected? >> i have not personally investigated the case based on the anecdotal evidence are and what i've heard, sounds as though he engaged in serious misconduct and look forward to the facts emerging in the case. >> looking forward to speaking to you soon. >>> coming up next sears reporting its ninth...
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and that accounts for this penalty really. >> kate, thank you. thank you so much, kate kelly. steve liesman from jackson hole, steve, i just want to bring you in. this is going to be one of the more significant things to come from the financial crisis. what do you make of it? >> well, i think there's going to be some concern. there already is some concern among fed officials. it's not their policy. it's just something they talk about, which is that a lot of these finds come from actions that were taken by healthy banks when they bought sick and ailing banks. the concern is not for the immediate future here but for the next time we have a crisis, there will be no private banks that will come in to rescue ailing banks and do so without public money. and it's well to remember that those actions by some of those banks early on gave the public side some breathing room before they were able to come in and rescue the broader banking system. but there's concern about the next crisis here. >> according to jeremy siegel on this program yesterday we aren't going to have another financial
and that accounts for this penalty really. >> kate, thank you. thank you so much, kate kelly. steve liesman from jackson hole, steve, i just want to bring you in. this is going to be one of the more significant things to come from the financial crisis. what do you make of it? >> well, i think there's going to be some concern. there already is some concern among fed officials. it's not their policy. it's just something they talk about, which is that a lot of these finds come from...
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coors, coach and kate spade now alike. back to you. >> wow, what a turnaround. one of the winners of the morning. now down double digit. thanks. >>> when we come back, amazon versus disney. getting bigger than just ordering movies online. why jeff bezos is taking this on. >>> rick santelli what are you watching today? >> today, foreign exchange. the dollar bulls are coming out of the woodwork and my contention is, shouldn't be bullish, shut the bear. making dough. look at technical moving forward and also because of simon, going to talk about thursday's gdp number in germany. tune in after the break. collection is here.mmer ♪ ♪ during the cadillac summer's best event, lease this all new 2014 cts for around $459 a month or purchase with 0% apr and make this the summer of style. who found a magic seashell. it told him what was happening on the trading floor in real time. ♪ the shell brought him great fame. ♪ but then, one day, he noticed that everybody could have a magic seashell. [ indistinct talking ] [ male announcer ] right there in their trading platf
coors, coach and kate spade now alike. back to you. >> wow, what a turnaround. one of the winners of the morning. now down double digit. thanks. >>> when we come back, amazon versus disney. getting bigger than just ordering movies online. why jeff bezos is taking this on. >>> rick santelli what are you watching today? >> today, foreign exchange. the dollar bulls are coming out of the woodwork and my contention is, shouldn't be bullish, shut the bear. making dough....
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the name we prefer in the space is kate spade. i think that brand, the smallest of the three, a lot of momentum behind it, new customer acquisition going on there, made a lot of investment in things of omni channel initiatives, online, kate spade saturday sub brand, which i think will be a home run, but in the space now, the best idea is kate spade. >> before we let you go, were you on the coach analyst call this morning? >> i was. >> a lot of analysts on twitter talking about how they played elevator music and prepared remarks for five of six of the calls. many hard hitting questions that were asked? >> you know, i think people asked the relevant questions about the u.s. same store sales, the balance sheet, the cash flow, and importantly, the company's basically adamant they will continue to pay their annual dividend, a point of contention between bulls and bears right now. you know, i thought they answered the questions the right way and the right questions were asked. >> all right. thank you so much for joining us to talk coach
the name we prefer in the space is kate spade. i think that brand, the smallest of the three, a lot of momentum behind it, new customer acquisition going on there, made a lot of investment in things of omni channel initiatives, online, kate spade saturday sub brand, which i think will be a home run, but in the space now, the best idea is kate spade. >> before we let you go, were you on the coach analyst call this morning? >> i was. >> a lot of analysts on twitter talking about...
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. >> listen, whatever, they should like kate spade. they deliver a number that's just extraordinary their. that turns out to be the winner. think about it. coach, you know, the bleeding has stopped, kors, stopped liking kors, but kate spade delivers a hot number, the hand bag for the fall. >> we talk rates at 242 on the ten-year, and talked about net interest margin at the big banks, how they benefit from a raising rate environment because you see more of that. >> yes. >> this morning the general reporting on u.s. bank profits nearing record levels, second highest in 23 years. >> it's the reserve way. >> it is. it is. then you also do have a story, perhaps more important, about lending picking up. >> right. >> as well. >> that should -- >> yet, we look at the banks, the bigger banks, performance not really there in terms of at least the stocks. >> you know, i have a piece i wrote this morning for realmoney.com, and i said what we're lacking is the old days when they don't do anything, and bbnt buys it. when you see a situation like one
. >> listen, whatever, they should like kate spade. they deliver a number that's just extraordinary their. that turns out to be the winner. think about it. coach, you know, the bleeding has stopped, kors, stopped liking kors, but kate spade delivers a hot number, the hand bag for the fall. >> we talk rates at 242 on the ten-year, and talked about net interest margin at the big banks, how they benefit from a raising rate environment because you see more of that. >> yes....
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Aug 15, 2014
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kate. in the treasury market, and rates hitting the lowest level on the ten year in more than a year. >> jeffrey gundloch is the ceo of doubleline, joins us exclusively. >> how should investor it is be seei seeing. put it into your own words. yields are being dragged down pretty clearly by the persist isn't decline in yields. i mean, when you take a look at the relative value of treasury bonds versus french bonds. spanish bonds german bonds below 1%, it's totally understandable why treasury bond years have been falling. been positioned very badly. with rate differentials where they are, there's every remembers in the -- not only do they not only yield more, but the dollar is likely to continue to be relatively strong given the geopolitical concerns, an given the recessary type of economic that's a consequence so long-term treasury bonds against all prediction, there's no value, really. if you thought there was no value in the ten-year at three. , people are looking for safety, and obviously
kate. in the treasury market, and rates hitting the lowest level on the ten year in more than a year. >> jeffrey gundloch is the ceo of doubleline, joins us exclusively. >> how should investor it is be seei seeing. put it into your own words. yields are being dragged down pretty clearly by the persist isn't decline in yields. i mean, when you take a look at the relative value of treasury bonds versus french bonds. spanish bonds german bonds below 1%, it's totally understandable why...
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yeah, kate and i went back and forth. $9 billion cash component. the reason why people are sanguine is the federal reserve would not boost the dividend if they felt there was a worry to pay justice. i see the next quarter's earnings wiped out if they do this. you're starting to get towards normalized number. can they earn $1 .50 in 2015? $2 if you get treasury relief, meaning 3% on the 10-year, and it's a $2, cheapest stock, not in the bank group, but s&p. however, you go through settlements, interest rates higher, a lot of moving parts. i have been saying adamant, bank of america, you got to get this past you because every day that you don't do to, justice comes back and comes up with a new thing. justice has been playing such hardball here. i don't think people realize this fellow, west, has all the cards, plays it constantly. it's not necessarily holder. he has one guy, brilliant guy, but basically put a gun to every single bank's head, boom, get that gun away. >> everyone blinked. >> i say, please, take the gun away. >> cheapest in the s&p. it'
yeah, kate and i went back and forth. $9 billion cash component. the reason why people are sanguine is the federal reserve would not boost the dividend if they felt there was a worry to pay justice. i see the next quarter's earnings wiped out if they do this. you're starting to get towards normalized number. can they earn $1 .50 in 2015? $2 if you get treasury relief, meaning 3% on the 10-year, and it's a $2, cheapest stock, not in the bank group, but s&p. however, you go through...
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Aug 18, 2014
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kate kelly. >> breaking news. kate? >> scott, breaking news at point 72, which is the family office that survived s.a.c. capital, the well-known hedge fund. the number two executive, and longtime deputy to steve cohen, is stepping down today abruptly. he'll be replaced by douglas hanes who joined the firm in february as managing director of human capital, hiring of course a priority in recent years as the firm faced regulatory and legal issues and late last year, paid a large fine for insider trading charges to settle those totalling with civil and criminal penalties 1.8 billion. he'll stay on to the end of the year to ensure orderly transition. this raises questions about the issue withstanding at term or regulatory chapters. the only thing outstanding is a civil case between cohen and the s.e.c. which is yet to be settled and the u.s. attorney says investigations are continuing. one note, i've just got ain't hold of internal e-mail from steve cohen talking to employees about the move and he says it's mutual and amicab
kate kelly. >> breaking news. kate? >> scott, breaking news at point 72, which is the family office that survived s.a.c. capital, the well-known hedge fund. the number two executive, and longtime deputy to steve cohen, is stepping down today abruptly. he'll be replaced by douglas hanes who joined the firm in february as managing director of human capital, hiring of course a priority in recent years as the firm faced regulatory and legal issues and late last year, paid a large fine...
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so a couple guys, you look at the fashion world, kate spade has done this. there is a branded section on the website. i think a lot of the other guys probably don't want to do this. i've spoken to a couple private companies, one a company called scotty vetss, he has about $10 million in sales. he says it would be cheaper to throw in the towel and let amazon do all of it. you don't want to give up control of your brand which they've spent so much time to build. >> and customer service, assuming amazon will deliver the right product at the right time we are saw what happened with last holiday season. so in terms of wal-mart, moving closer to amazon, could it actually be a competitive threat? >> i think it will be really hard. i think everyone gives amazon a break to invest heavily in things leak cheap shipping, being very competitive on pricing. if wal-mart tries to do too much of that, i this think the street will flip out. they can do more. they should. there is no doubt over time more retail will be online. the penetration level is very, very low. that's a
so a couple guys, you look at the fashion world, kate spade has done this. there is a branded section on the website. i think a lot of the other guys probably don't want to do this. i've spoken to a couple private companies, one a company called scotty vetss, he has about $10 million in sales. he says it would be cheaper to throw in the towel and let amazon do all of it. you don't want to give up control of your brand which they've spent so much time to build. >> and customer service,...
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Aug 6, 2014
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is the negotiation process on their part, kate, that interpret they did a really poor job, however the fact that it's that high it's pushing that 17 billion or is that almost expected it will be somewhere near that upper end? >> look, i think the banks thooel feel they have less leverage when it comes to negotiating with the justice department starting with j.p. morgan on to citi and in the case the b of a. there is a chance that you can't fight the government on this. >> that may have weakened their hand. it becomes difficult why they spend massive amounts on these settlements. they did buy countrywide. they have these legacy issues, they have settled with other entity, be it fannie and freddie or others. so they could argue new a way jmplt p. morgan perhaps couldn't as much. they should have put this behind them, therefore the price tag should have been lower. >> kate, thanks for stopping bit. grasso, how roh are you trading this is this. >> i am currently out of the name. if we are looking at a slow down, you have to wait for a print below $15 possibly low 14 handle on the name if y
is the negotiation process on their part, kate, that interpret they did a really poor job, however the fact that it's that high it's pushing that 17 billion or is that almost expected it will be somewhere near that upper end? >> look, i think the banks thooel feel they have less leverage when it comes to negotiating with the justice department starting with j.p. morgan on to citi and in the case the b of a. there is a chance that you can't fight the government on this. >> that may...
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Aug 7, 2014
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kate joins us. >> thanks. the most recent settlement deal finalized now, and to be announced over the next couple of days. the were e for stock investors becomes are these banks out of the woods on the regulatory front. saying it resolved about 95% of the unpaid principle balances on the residential mortgage backed security claims it faced. presumely, this gets them closer to the 100% mark if this deal is done. not to mention the unquantifiable higher confidence mark among the market. jpmorgan and citigroup rallied in the periods after their multibillion dollar justice department settlements, although granted, citi's was recent. not a lot of time to look at here. why not be this, too, though? most uncertainly overhangs in the postcrisis era, melissa. you would think happiness it's getting resolved. >> at this point, look across the banks, are there more banks expecting to settle, or pending charges here? >> this takes care of sort of the biggest last blow, i think nap doesn't mean every single issue is resolve
kate joins us. >> thanks. the most recent settlement deal finalized now, and to be announced over the next couple of days. the were e for stock investors becomes are these banks out of the woods on the regulatory front. saying it resolved about 95% of the unpaid principle balances on the residential mortgage backed security claims it faced. presumely, this gets them closer to the 100% mark if this deal is done. not to mention the unquantifiable higher confidence mark among the market....
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Aug 19, 2014
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there, the performance justifies it, so they say if you missed the run in kate, now is a time to get back in. their target set at 38. stock is at 33 and change. >>> pharmaceutical initiated. >> we don't talk about jazz much. mostly oncology and pain treatment. jpmorgan saying it's well positioned to is it growth. their price target is 190. the stock is at 158. >>> we have the under the radar name of the day. ev energy partners, operator of onshore oil and gas assets. it was upgraded at raymond james. their target was bumped to 49, stocks at 3917. by the way, this company pays a 7.9% dividend yield. >>> that's it for "street talk." >>> now let's talk numbers. let's talk astrazeneca. the u.s. government clearing it of any wrongdoing. rich ross, i'll start with you. the stock has been pretty hot. technically has it overdone it? >> no, brian, i like the stock here. we have a compelling technical set setup. you can see it's been a strong performer going back to october, holding the 100-day moving average and the well-defined up trend. you sigh the island reversusal with the gap up on the
there, the performance justifies it, so they say if you missed the run in kate, now is a time to get back in. their target set at 38. stock is at 33 and change. >>> pharmaceutical initiated. >> we don't talk about jazz much. mostly oncology and pain treatment. jpmorgan saying it's well positioned to is it growth. their price target is 190. the stock is at 158. >>> we have the under the radar name of the day. ev energy partners, operator of onshore oil and gas assets. it...
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Aug 13, 2014
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if you had to make a trade, obviously a stock down big, like kate spade. still almost 59% margins there. people running their hands about that one, when yesterday i like it on a big 25% sell-off like to had but didn't buy any. like i said, my trade is i buy these labor day, sell them going into black friday. >> bring in courtney reagan, retail expert for a look what's going on across the own tire space. court, good to see you. a number of other names coming out tomorrow. kohl's, jcpenney and nordstrom, i think. how do we view those relative to what macy's did today? >> we talked about it earlier on "squawk box," scott. in macy's can't hit the number i'm worried about the rest of retail. not sure the consumer funk is coming to an end soon. i think what happened as macy's will only pressure the rest of the sector. macy's has crowded along for some time. is supposedly one of the best in the bunch when it comes to retail. the ceo said in an earnings release and said on "the call" consumers are not feeling comfortable about spending more in an uncertainly commi
if you had to make a trade, obviously a stock down big, like kate spade. still almost 59% margins there. people running their hands about that one, when yesterday i like it on a big 25% sell-off like to had but didn't buy any. like i said, my trade is i buy these labor day, sell them going into black friday. >> bring in courtney reagan, retail expert for a look what's going on across the own tire space. court, good to see you. a number of other names coming out tomorrow. kohl's, jcpenney...
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Aug 9, 2014
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>> 15 cents, when mike's talking 15 cents, that's buying one action contract, e kating to a hundred shares of stock, that's $15, hence, he got the sandwich. looking at bank of america, i own it in my personal account, the trades are interesting. that being said, more times than not, they do not work out, people are frustrated, why trade options when i trade this? part is, think about what you're using here. the leverage to the upside, capital you spend, again, the sub $18, and you need a dollar move here at the money option. >> real issue when you trade options, when you buy them to make directional bet, and this was touched on, are you getting them at fair value? very frequently, start dated options, if all you ever did was buy weekly options to make a directional bet, you have a hard time making money, but now there's a situation where volatility picked up. the stock is obviously beat down. could make a break one way or another. these are the times you want to use them strategically. >> considering the tall order out there, less than $18, more delicious than the sandwich, bank of america
>> 15 cents, when mike's talking 15 cents, that's buying one action contract, e kating to a hundred shares of stock, that's $15, hence, he got the sandwich. looking at bank of america, i own it in my personal account, the trades are interesting. that being said, more times than not, they do not work out, people are frustrated, why trade options when i trade this? part is, think about what you're using here. the leverage to the upside, capital you spend, again, the sub $18, and you need a...
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Aug 15, 2014
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kate, thank you. >> thank you. >> kate kelly. >>> back to a story with allergan and valiant, namely, of course, the attempt by valiant and persing square, its partner in the bid for allegan to call a special meeting. they need 25% of the shareholders or shares to do so. 9.7% already held by mr. ackman, although allergan is fighting hard in court in california and in other ways to try to, perhaps they won't be successful, but to try to disallow him from voting the shares. when i reported earlier from sources close to the situation is they are getting very close and expect to have at least 30 % of the shares in favor of holding that special meeting. that, of course, above the 25% required. that does not mean it happens soon, but they have another 60 days to get more, so you may see something in the not too distant future to announce that. as for the special meeting itself, don't expect to see that any time soon. it may be, perhaps, as late as december, of course, valiant dealing with at least this scc -- i don't want to call it a probe, but looking at -- >> inquiry maybe? >> inquiry, t
kate, thank you. >> thank you. >> kate kelly. >>> back to a story with allergan and valiant, namely, of course, the attempt by valiant and persing square, its partner in the bid for allegan to call a special meeting. they need 25% of the shareholders or shares to do so. 9.7% already held by mr. ackman, although allergan is fighting hard in court in california and in other ways to try to, perhaps they won't be successful, but to try to disallow him from voting the shares....
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Aug 27, 2014
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. >> well, remember, kate, that huge mover, kate spade, reporting earnings, spiked 10 % and down 20%? since then, back up 15 %. we have to mention after you saw that earnings miss. reassessing the retail trade -- another one i watch is lulu lemon, actually. it's gaining, and the chatter here is that it's based in canada, and people are taking a close hard look at where the companies are domiciled because inversions are all the rage, just stocks to watch. check where the company's bassed. >> we have breaking news. steve leisman block rock is an ecb consul tapt for abs purchases, for program of abs purchase. we don't know if they are the only consultant or fired up potentially to start buying in the market, but it comes into context of increased chatter about these european central bank potentially next week embarking on a private qe. it won't buy at this stage, and speculation from deutsche bank is they buy asset backed securities, assets that are hard to find and match and hard to buy evenly in proportion, but be awear this is another piece of evidence we are moving towards more actio
. >> well, remember, kate, that huge mover, kate spade, reporting earnings, spiked 10 % and down 20%? since then, back up 15 %. we have to mention after you saw that earnings miss. reassessing the retail trade -- another one i watch is lulu lemon, actually. it's gaining, and the chatter here is that it's based in canada, and people are taking a close hard look at where the companies are domiciled because inversions are all the rage, just stocks to watch. check where the company's bassed....
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Aug 13, 2014
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the release said that kate spade is game, set, match. no one's buying bags other than kate spade. listen to the kompbsz call, think about the bags i bougtd at canal street for 19 bucks, not unlike this one i brought on canal street for 12 bucks. >> nice. >> did you know they have an outlet? >> the guy told me that too. >> for all the clearance inventory they have to move. >> got to love it. >> moving on, fiscal earnings, 2 2.22 and company sees full year profit below 2013 levels and expect equipment sales down 8% for the current quarter. this year, guys, usda said farm income would be the lowest since 2010. farmers just don't have the money to spent on new machines. >> there's really a farm -- just wholesale collapse on the prices on the big grain complex, good news for the consumer. deere is a disappointor. adco said it's a terrible market for equipment. the price of land is down, which usually puts a floor under deere. i don't they will implode, but look -- deere is still a function of the grain complex, and that is no longer boosted by ethanol apparently. we have way too much g
the release said that kate spade is game, set, match. no one's buying bags other than kate spade. listen to the kompbsz call, think about the bags i bougtd at canal street for 19 bucks, not unlike this one i brought on canal street for 12 bucks. >> nice. >> did you know they have an outlet? >> the guy told me that too. >> for all the clearance inventory they have to move. >> got to love it. >> moving on, fiscal earnings, 2 2.22 and company sees full year...
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Aug 29, 2014
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lingerie company dear kate taking a very nontraditional approach to advertising. the company's founder is going to talk to us about its controversial ads which feature some of the top tech women. "squawk box" returns in just a moment. >>> are you pointing at the camera for me to read? thank you. we're on the air. i got a monitor. a new ad campaign promoting beauty and brains. >> thank you. >> you're welcome, dear kate uses real women from the tech world of all shapes and sizes who are seen coding and programming and baring almost all. there is controversial about the ads, the founder and ceo of the line, dear kate, and, julie, can't everybody lighten up? is it app exploitation? is that what they say? really? >> it's really surprising the controversy seen around the ads. >> controversy is good for ads. can you say calvin klein? it is good, right? >> we p feature women in the ads base of what they do, not only what they look like. we're an underwear company so we have to show some women in underwear. >> exactly. why just super models? show everybody. even mr. pc has
lingerie company dear kate taking a very nontraditional approach to advertising. the company's founder is going to talk to us about its controversial ads which feature some of the top tech women. "squawk box" returns in just a moment. >>> are you pointing at the camera for me to read? thank you. we're on the air. i got a monitor. a new ad campaign promoting beauty and brains. >> thank you. >> you're welcome, dear kate uses real women from the tech world of all...
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Aug 8, 2014
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tuesday is kate spade, the hand bag company. it has the hot hand. i think it could put coach to shame and michael kors. the handbag business out of nowhere has become cut throat. i like a coatings and paint company called valspar. it would be hard for me to believe that valspar wouldn't be the same. i smell a good trade. goldman sachs pushed macy's hard today. i wish they hadn't because they have now raised the bar for one of my favorite retailers to a level where there could be disappointment. however this one will put my strong retail thesis to test. deere reports before the bell. de worries me. we had the straight shooting competitors and told the tale of because of the decline in prices for crops deere needs it to spike up early morning and then evisc rates its stock. we hear from cisco. i think cisco yields are grinding positively with competitive offerings married to a competitive yield maybe by half before the quarter. keeping with the retail theme i'm wondering if kohl's and wal-mart might be buys ahead of the quarter. i have not cared for t
tuesday is kate spade, the hand bag company. it has the hot hand. i think it could put coach to shame and michael kors. the handbag business out of nowhere has become cut throat. i like a coatings and paint company called valspar. it would be hard for me to believe that valspar wouldn't be the same. i smell a good trade. goldman sachs pushed macy's hard today. i wish they hadn't because they have now raised the bar for one of my favorite retailers to a level where there could be disappointment....
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Aug 27, 2014
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it's given us here in the uk a major boost specifically with kate middleton coming on to the scene. what about beyond that? what about beyond tourism? >> i do feel it is relevant. it has become incredibly popular over the last several years. there's the argument about taxpayers money, funding them and funding a particular lifestyle. but there's more at scale besides tourism. the work they do for charities and for initiatives is hugely important. the duke of york himself has an enormous amount of initiatives that he pushes, that he works on every day to help empower the youth of today. i traveled with him to schools, to colleges, where he talked to young people that wouldn't otherwise have opportunities. and he's given them those opportunities. from that perspective, it is relevant. of course we have a lot of european mon the arckies, but they don't seem to be as popular as the british one. >> thank you very much for that. you can catch the full interview with his royal highness, the duke of york. >>> still to come on the show, picture a messaging app snapchat has a huge $10 billion
it's given us here in the uk a major boost specifically with kate middleton coming on to the scene. what about beyond that? what about beyond tourism? >> i do feel it is relevant. it has become incredibly popular over the last several years. there's the argument about taxpayers money, funding them and funding a particular lifestyle. but there's more at scale besides tourism. the work they do for charities and for initiatives is hugely important. the duke of york himself has an enormous...
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Aug 8, 2014
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nbc's kate snow joins us now from atlanta with more. kate? >> good morning. we're standing outside the centers for disease control where they are monitoring all this so closely. as you say the world health organization held a meeting today over in europe. it was an emergency committee meeting where they discussed this outbreak. it is the largest outbreak in africa of ebola we've ever seen. they did call it extraordinary and called for a coordinated international response. now, one thing they did not do was to limit any trade or travel. they're saying we're not going to limit international trade and travel but we are going to ask airports and authorities in every country that's affected to really monitor travelers so they're talking about at airports like in sierra leone, and in liberia, and in guinea they want to make sure that passengers don't have symptoms. so they're actually literally checking people's temperature. checking them to make sure they don't have a fever. if anyone has outward symptoms of ebola, they're simply not going to be allowed on the air
nbc's kate snow joins us now from atlanta with more. kate? >> good morning. we're standing outside the centers for disease control where they are monitoring all this so closely. as you say the world health organization held a meeting today over in europe. it was an emergency committee meeting where they discussed this outbreak. it is the largest outbreak in africa of ebola we've ever seen. they did call it extraordinary and called for a coordinated international response. now, one thing...
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Aug 6, 2014
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kat kate. >> reporter: steve, good morning to you, fancy reichbold joins dr. kent brantley in a specialize lated unit. we can tell you his sons were here. they wanted to visit with their mom. she is doing a lot better. she did come in on a stretcher yesterday. that got everybody's attention. we are told by the relief organization she works with, she's just weak. this is a disease she has been fighting now for more than a week. she's 15-years-old. she's in a weakened state. she is eating food, showing other positive improvement of yesterday we were also told that brantley is improving day-by-day, part of this might be because of an experimental rare drug that both of these patients are on, it's called z emphmapp out of a company based if san diego, california. interestingly, it's grown pence modified tobacco plant in kentucky, a company owned by reynolds american, which of course you know is the large tobacco company. it was a joint project. some government funding, military funding along with reynolds and other private vechlt but this dug teams to be helping t
kat kate. >> reporter: steve, good morning to you, fancy reichbold joins dr. kent brantley in a specialize lated unit. we can tell you his sons were here. they wanted to visit with their mom. she is doing a lot better. she did come in on a stretcher yesterday. that got everybody's attention. we are told by the relief organization she works with, she's just weak. this is a disease she has been fighting now for more than a week. she's 15-years-old. she's in a weakened state. she is eating...
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Aug 12, 2014
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. >>> tyler, a reversal of forting for kate spade, but it soon fell when the company warned gross margin would fall as it faces increased competition. ouch, off by about 23%. its rival michael kors tag in sympat sympathy. to talk about those margin pressures when it released its earnings earlier this month. coach is falling as well. here's how all three have fareed year to date. you can see a pretty decent move to the down side. tyler, back over to you. >>> jeans have been a little for well over 100 years, are we now witnessing the death of denim? just after i have stocked my closet. i have an etf worth of denim in my close the. >> it we might be the only ones. >> a leading indicator of the end. >> well, back to school is supposed to be the holiday season for denim sales, but retailers are not expecting blockbuster results. teen preferences are telling the story. pip piper jaffray's, over the last two years they've moved after from denim gates and tore, lululemon and victoria's secret. and while many consumers are dressing down, sporting yoga wear beyond the gym, they're tired of the sam
. >>> tyler, a reversal of forting for kate spade, but it soon fell when the company warned gross margin would fall as it faces increased competition. ouch, off by about 23%. its rival michael kors tag in sympat sympathy. to talk about those margin pressures when it released its earnings earlier this month. coach is falling as well. here's how all three have fareed year to date. you can see a pretty decent move to the down side. tyler, back over to you. >>> jeans have been a...
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Aug 21, 2014
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kate, thank you for this. stay where you are. joining us to talk more about the massive bofa settlement, former chairman and ceo of wells fargo. good morning to you, dick. >> good morning. >> you look at the numbers, $17 billion. is this justice or is this politics? >> it's definitely politics. it has nothing to do with justice or restitution to innocent victims. in fact, more of the money is going to the coffers of the states, and the various departments than is going to the victims. it's a pattern that continues. it's really no surprise, however, if, indeed, jpmorgan should pay $12 billion or $13 billion for the sins of bear stearns and washington mutual, certainly merrill lynch and countrywide did two or three times the volume of those two companies. so, they certainly should pay more. but, this is just simply a political stance, and theater that has been going on for five years of bashing financial institutions. again neither jpmorgan or its employees, or bank of america or its employees, did anything wrong here. they just bo
kate, thank you for this. stay where you are. joining us to talk more about the massive bofa settlement, former chairman and ceo of wells fargo. good morning to you, dick. >> good morning. >> you look at the numbers, $17 billion. is this justice or is this politics? >> it's definitely politics. it has nothing to do with justice or restitution to innocent victims. in fact, more of the money is going to the coffers of the states, and the various departments than is going to the...
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Aug 19, 2014
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. >> can i ask before we let you go, do you and to jon, what company do you think in a deck kate will look back and go, how did we xblis why didn't we realize the potential how big this would become today? >> hmm. >> i know it's a tricky one. >> yeah, yeah. well, you know, i think, again, in just general, look for a company that's going to take advantage of the next wave. the wave we're only seeing now. i think google was smart to buy nest. at $3 billion there. and i think it's going to federal reser forever be linked with apple's purchase of beats. a lot of people thought apple wool buy nest. interesting to compare those two. which will be the youtube in retrospect? >> pinterest is my pick. >> pinterest. good to see you, stephen levy of media.com. >>> what do you think google will look like ten years from now? tweet us as "squawk alley." we're air responses later in the show. >>> and the mobile price war, heating up. sprint unveiling new pricing plans offering 20 gigs of shared data and unlimited talk and text for up to ten lines for $100 a month. the company also says it will pay su
. >> can i ask before we let you go, do you and to jon, what company do you think in a deck kate will look back and go, how did we xblis why didn't we realize the potential how big this would become today? >> hmm. >> i know it's a tricky one. >> yeah, yeah. well, you know, i think, again, in just general, look for a company that's going to take advantage of the next wave. the wave we're only seeing now. i think google was smart to buy nest. at $3 billion there. and i...
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Aug 5, 2014
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lot of talk about this on on the floor of the new york stock exchange, and those high-yield bond etfs kate kelly, tell us what you know. >> sue, junk bonds of seen by many as sort of a frontier investment. but they've been pleaing the junk bon etfs, the jnc -- has dropped more than 3%. amplifying results and also let alone other things. the pressure continues to be on. including ellington, and max capital are shorting the junk bond indexes, have for a little while, steps appear to have helped generate returns of about 7%, 120% and 9% respectively so far this summer granted, the -- to hedge -- even they and others of the ilk are skeptical of the stock market, too. thinking we could be in the middle of a substantial leg down, even if it doesn't materialize right away. managers use the world "be able" to describe certain sectors earlier this year. elliott management has called the stock market frost frothy, even the likes of steve cone late this summer, which would be right around now. >> absolutely it would. >>> to dominic chu. a group of bondholders is suing the casino operator, accusing th
lot of talk about this on on the floor of the new york stock exchange, and those high-yield bond etfs kate kelly, tell us what you know. >> sue, junk bonds of seen by many as sort of a frontier investment. but they've been pleaing the junk bon etfs, the jnc -- has dropped more than 3%. amplifying results and also let alone other things. the pressure continues to be on. including ellington, and max capital are shorting the junk bond indexes, have for a little while, steps appear to have...
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Aug 7, 2014
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. >> kate, thank you very much. great stuff. >>> herb hates the gluten-free craze, he'll tell you why. >>> and she's back, the prancing queen is out with a brand-new workout video, honestly this is the best thing that i have seen in a really, really long time. this made me happy. over 20 million kids everyday in our country lack access to healthy food. for the first time american kids are slated to live a shorter life span than their parents. it's a problem that we can turn around and change. revolution foods is a company we started to provide access to healthy, affordable, kid-inspired, chef-crafted food. we looked at what are the aspects of food that will help set up kids for success? making sure foods are made with high quality ingredients and prepared fresh everyday. our collaboration with citi has helped us really accelerate the expansion of our business in terms of how many communities we can serve. working with citi has also helped to fuel our innovation process and the speed at which we can bring new product
. >> kate, thank you very much. great stuff. >>> herb hates the gluten-free craze, he'll tell you why. >>> and she's back, the prancing queen is out with a brand-new workout video, honestly this is the best thing that i have seen in a really, really long time. this made me happy. over 20 million kids everyday in our country lack access to healthy food. for the first time american kids are slated to live a shorter life span than their parents. it's a problem that we can...
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Aug 7, 2014
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kate kelly joins us right now with some more of those details and kate we've kind of been stunned by the idea of $17 billion. >> no. the number is eye popping. remember the jpmorgan settlement from last year. i was standing in front of the building looking for comment from jamie dimon but it was such an astonishing number. that was $13 billion. now we're talking about $17 billion. i guess it stands to reason that b of a inherited and had such a large footprint in this subprime mortgage business but they are looking at a pretty massive number here. and i'm told the board is supportive of those figures. they need to be hammered out and we probably won't see anything final today. maybe as early as tomorrow. maybe more likely next week. but note this, too, they've already shelled out $60 billion in mortgage related settlements. fhfa the overseer of fannie and freddie paid $9.3 billion or have agreed to. that group of investors that included blackrock and metlife $8.5 wl. aig pretty recently for about $650 million which looks cheap compared to the rest. and also, as part of a group settle
kate kelly joins us right now with some more of those details and kate we've kind of been stunned by the idea of $17 billion. >> no. the number is eye popping. remember the jpmorgan settlement from last year. i was standing in front of the building looking for comment from jamie dimon but it was such an astonishing number. that was $13 billion. now we're talking about $17 billion. i guess it stands to reason that b of a inherited and had such a large footprint in this subprime mortgage...
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Aug 4, 2014
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. >> i think there's a lot to agree with, kate kelly, michelle caruso-cabrera also here with us, but i think the stop complaining is getting a lot of attention, and someone suggested, is it fair to bash businesses this much? we haven't heard a lot of -- maybe less complaining. >>> well, okay. at delivers alpha, i interviewed ken griffin. in fact he actually said the problems in illinois and springfield are greater than the ones in the white house, but here's what he had to say broadly about the economy and some of the policies we see right now. >> our country that competes with every single country in the world, and we have a broken school system. we have broken tax policies. we have a series of regulatory decisions that place -- we need to start to make some hard choices about regaining competitiveness. >> you think that was fair and justified? >> listen, i think these are legitimate concerns about our system. you hear a lot of this from those in the financial world, and it's fair. here's a guy that creates -- i don't know the head count at citadel, about 1,000 or so, pretty well-pa
. >> i think there's a lot to agree with, kate kelly, michelle caruso-cabrera also here with us, but i think the stop complaining is getting a lot of attention, and someone suggested, is it fair to bash businesses this much? we haven't heard a lot of -- maybe less complaining. >>> well, okay. at delivers alpha, i interviewed ken griffin. in fact he actually said the problems in illinois and springfield are greater than the ones in the white house, but here's what he had to say...
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Aug 13, 2014
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they're brand products, kate spade, michael kor's, when you see something like a macy's come out. what's been priced. >> in general. it's interesting. >> then look baccarat what happened with retail sales today, month over month, retail sales are not necessarily declining, will is not that growth there. we are all expecting this snap back coming from the ent wither weather. it never came. it came in march. so look at macy's, look at a j.w. in order strochlt i think i have choorts. when you look at what's been priced in on the long run, this chart of macies, it shows you when things are getting out of skew, macy's, nordstrom's, we have reporting tomorrow, out of skew. people are really expecting a lot. i think nordstroms has a problem tomorrow. if they miss at all, it's going to be a disaster. >> it sound like you are not taking the drop, macy's is a buying opportunity. anyone else taking this buying opportunity? >> there is nothing to boys, it typically trades about 13. it had trouble at the $61 level for the last couple of months, bounced up against it, it couldn't break through,
they're brand products, kate spade, michael kor's, when you see something like a macy's come out. what's been priced. >> in general. it's interesting. >> then look baccarat what happened with retail sales today, month over month, retail sales are not necessarily declining, will is not that growth there. we are all expecting this snap back coming from the ent wither weather. it never came. it came in march. so look at macy's, look at a j.w. in order strochlt i think i have choorts....
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Aug 15, 2014
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kate spade got hit hard, down 18%. perry ellis down 11%. new york and company down substantially, fossil as well. lot of movers there and it may not be over yet. next week, many more to report, including a number of team names that have been especially hard hit so far this year as tastes begin to change. >> tough week. thank you very much. markets broadly fell today due to the escalating conflict in eastern ukraine. many retailers have been having sell-offs of their own the past few months. more and more outflows from individual investors out of u.s. equity funds to the tune of $11.4 billion in july. why are we seeing this now? here with us to take a peek into the minds of the retail investor, michael farr and our very own jeff cox, writing about this for cnbc.com. welcome to you both. jeff, what are you seeing? >> yeah, you know, the market had been on a pretty nice run for about a year and a half as far as the mom and pop investors go, referred to as the retail investor. we had seen inflows into mutual funds for about 16 out of 17 months
kate spade got hit hard, down 18%. perry ellis down 11%. new york and company down substantially, fossil as well. lot of movers there and it may not be over yet. next week, many more to report, including a number of team names that have been especially hard hit so far this year as tastes begin to change. >> tough week. thank you very much. markets broadly fell today due to the escalating conflict in eastern ukraine. many retailers have been having sell-offs of their own the past few...
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. >> a reversal of fortunate for kate spade. this stock opened higher this morning and fell toward session lows when they warned gross margins for the full year would fall as it faced increased competition. the stock is down over 26%, losing a quarter of its value. michael kors also fell in sympathy. it had its own margin pressures when it reported earnings last week. you can see there down 3.5%, one of the worst performers in the s&p. twitter is moving higher after the company unveiled and promoted video ads. the stock you can see there up about 1.25%. twitter shares. gravity's hitting tech near pharmaceuticals. this is the maker of that experimental ebola developmental drug. it's falling as investors are taking profits here. remember, its recent run-up was huge over the course of the past couple weeks. you can see their shares down about 20%. and we'll end with schlumberger losing ground after it became the first u.s. company to announce sanctions against russia. it will hurt its actual bottom line, shave pennies off eps. that
. >> a reversal of fortunate for kate spade. this stock opened higher this morning and fell toward session lows when they warned gross margins for the full year would fall as it faced increased competition. the stock is down over 26%, losing a quarter of its value. michael kors also fell in sympathy. it had its own margin pressures when it reported earnings last week. you can see there down 3.5%, one of the worst performers in the s&p. twitter is moving higher after the company...
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i was blown away by how bad the kate spade call was. it's not a buy to me it bounced so much. it went down so much. that wasn't good, the macy's conference call p wasn't that good. they didn't say things were all that bad in handbags. i don't know, dsw. i think it's three down and ten up, and i think that's worth playing. just like this. just like this. the consensus changed and the buyers follow suit. should it be happening? not necessarily, but it's just the way it is. it's how the big boys roll. on "mad money" tonight, do you know there have been more than 180 ipos this year. if you're buying into an exciting new story, how do you separate the winners from losers? i've got one under the radar offering. a restaurant upstart being called imagine the next chipotle. i've got more than a taste test for this stock. plus, you've heard all the bad news about putin's sanctions against the u.s., maybe i've found an unintentional positive. why don't you stick with cramer? >> don't miss a second of "mad money." follow @jimcramer on twitter. have a question? tweet cramer #madtweets. sen
i was blown away by how bad the kate spade call was. it's not a buy to me it bounced so much. it went down so much. that wasn't good, the macy's conference call p wasn't that good. they didn't say things were all that bad in handbags. i don't know, dsw. i think it's three down and ten up, and i think that's worth playing. just like this. just like this. the consensus changed and the buyers follow suit. should it be happening? not necessarily, but it's just the way it is. it's how the big boys...
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shares of kors on he werings with ralph lauren and kate spade also reporting this week. we're looking at the space and hunting for the most fashionable and profitable retail stocks. we want to bring in courtney reagan who covers the beat. courtney, i feel like this is not a surprise. >> yeah, it's not a terrible surpri
shares of kors on he werings with ralph lauren and kate spade also reporting this week. we're looking at the space and hunting for the most fashionable and profitable retail stocks. we want to bring in courtney reagan who covers the beat. courtney, i feel like this is not a surprise. >> yeah, it's not a terrible surpri
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kate joins us. >> thanks. the most recent settlement deal finalized now, and to be announced over the next couple of days. the were e for stock investors becomes are these banks out of the woods on
kate joins us. >> thanks. the most recent settlement deal finalized now, and to be announced over the next couple of days. the were e for stock investors becomes are these banks out of the woods on
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you got to have a brand, not kate, jack, emma, dave. it's just too much. >> mm-hmm. >> make sense? >> we don't want to be like everybody else. this brand is very personal to me, and it was built on our friends and family, and in the marketplace, people know emma. they know bill. >> what matters is what's inside. >> what matters is what the customer sees on the shelf. >> well, the customer's not buying much of it, so... 'cause to me, pride of authorship is a very dangerous mistake that people make in business. >> i know you have your opinion, and i respect that, but i don't fully agree with it. >> it's good to be passionate about your business, but when you have a pride of authorship that clouds your judgment, you're gonna get yourself into real trouble. they need to understand their idea isn't working. can you guys give me a tour? >> yeah. >> sure. >> the office next door is joyce frenzel, and she's our director of operations. >> hi. >> i'm marcus. how are you? >> i'm joyce. >> both: nice to meet you. >> thanks for coming. >> do you love it here? >> oh, absolutely. >> did you just
you got to have a brand, not kate, jack, emma, dave. it's just too much. >> mm-hmm. >> make sense? >> we don't want to be like everybody else. this brand is very personal to me, and it was built on our friends and family, and in the marketplace, people know emma. they know bill. >> what matters is what's inside. >> what matters is what the customer sees on the shelf. >> well, the customer's not buying much of it, so... 'cause to me, pride of authorship is a...
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let's get to kate kelly. >> buffett announced a number of new or increased stakes yesterday as part of a rash of quarterly investment filings with charter communications being the biggest mover. berkshire took a 2.3 million stake in the company. berkshire raised its stakes in a handful of prior holdings, including verizon and gm. berkshire reduced its holdings in directv, where it sold about 11 million shares and conco philips, where it sold off 9.7 million shares. allergan, the drugmaker that has become a battleground in recent months abdomen it is pursued by a hostile bid. now other institutions are piling in, including blue mountain, paulson, viking, york and saralond. finally, carl icahn making news with an activist filing on the media company gannett. and arguing that the company is undervalued and should be split up. unsurprisingly, since some of icahn's activist targets have performance so well, it spiked higher this morning. >> what surprises you the most? >> gannett is interesting. anytime icahn gets involved, he's calling for management changes or structure changes, you tend
let's get to kate kelly. >> buffett announced a number of new or increased stakes yesterday as part of a rash of quarterly investment filings with charter communications being the biggest mover. berkshire took a 2.3 million stake in the company. berkshire raised its stakes in a handful of prior holdings, including verizon and gm. berkshire reduced its holdings in directv, where it sold about 11 million shares and conco philips, where it sold off 9.7 million shares. allergan, the drugmaker...
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kate spade on the rise this morning. the company reported an unexpected profit for its latest quarter with analysts having predicted a break-even performance. kate spade also boosted its guidance for the full year on surging sales. and head phonemaker skullcandy saw its shares upgraded to hold from underperform at jefferies. though jefferies says the road to recovery is a long one. it does see sustained fundamental improvement. joe? >> okay. you should just move that water -- >> i don't know. take the sharp objects away. yeah, are you -- we're all set now? okay. i'm good. one of the hottest -- >> one spill is enough -- >> you're testing -- >> the eleven trok inning -- >> one of the hottest debate in -- that's what dp said. one of the -- in washington on wall street right now should american companies be allowed to avoid taxes by moving their headquarters overseas? mark cuban told us he wouldn't invest in companies that do that. but he had just gotten out of an operation, and was still i think underen es theesh yeah or so
kate spade on the rise this morning. the company reported an unexpected profit for its latest quarter with analysts having predicted a break-even performance. kate spade also boosted its guidance for the full year on surging sales. and head phonemaker skullcandy saw its shares upgraded to hold from underperform at jefferies. though jefferies says the road to recovery is a long one. it does see sustained fundamental improvement. joe? >> okay. you should just move that water -- >> i...
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nbc's kate snow has this report. >> after dr. brantley walked out of that ambulance, his family rejoiced, just two days before choppers followed him through the streets, his wife, amber, expected the worse. his wife asked friends to drop everything and pray. but by the time he landed saturday, he had mistake a remarkable improvement after one day of a rare experimental drug never before used on humans. >> it really is a cocktail of antibiotics. and antibodies are proteins that the body actually makes in response to infection to ultimately help the body to clear the infection. >> brantley received a second dose just yesterday at emory. back in africa, lindsay reifle was getting her second dose yesterday, too, feeling well enough to ask for her favorite liberian soup. these two americans may save a lot of lives by consenting to experimental treatment. >> if they have to suffer through this in order to see tens of thousands and more lives saved, they would say i'm willing to go through what i've gone through. >> the two american pat
nbc's kate snow has this report. >> after dr. brantley walked out of that ambulance, his family rejoiced, just two days before choppers followed him through the streets, his wife, amber, expected the worse. his wife asked friends to drop everything and pray. but by the time he landed saturday, he had mistake a remarkable improvement after one day of a rare experimental drug never before used on humans. >> it really is a cocktail of antibiotics. and antibodies are proteins that the...
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., and you got to get something that's differentiated and not easily rep kated by the competitors. not very easy to do and something they put in all the restaurants and supply a lot of. it's not an easy thing to do, so, yeah, i think once they have a product, we'll hear more about it, but it's going to take time. >> well, look, investors, i wonder how much patience investors have. it's been an underperformer. do you not attribute this to don thompson, and do you think he'll be there in one year? >> i think he will. i think don will be there in a year. i think they are facing challenges, definitely here in the u.s. and around the globe, but there are things they can do. they can shift advertising more digitally. they can introduce innovative products. i think they just need to be a little bit thinking outside the box, and i think it's got to happen on the menu. i think that's where the changes have to happen. that's what's going to drive the same store sales. >> yep, peter, thank you so much for joining us on mcdonalds. stay with the consumer theme right now. over to chu for a quick
., and you got to get something that's differentiated and not easily rep kated by the competitors. not very easy to do and something they put in all the restaurants and supply a lot of. it's not an easy thing to do, so, yeah, i think once they have a product, we'll hear more about it, but it's going to take time. >> well, look, investors, i wonder how much patience investors have. it's been an underperformer. do you not attribute this to don thompson, and do you think he'll be there in...
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. $60 billion and counting, kate. thank you. >>> some reaction now from sheila bair who joins me now exclusively. she's the former chair of the federal deposit insurance corporation. sheila, good to see you again. >> thanks for having me. >> a couple of issues this week that all come to a point that we'll get to, i think. first start with this bank of america news. first of all, is this proportionate, second of all, what precedent is this setting? this is the larger teheme, i think, for future financial crises. >> it's been very sad. this has been a huge drag on b of a. they were a pretty good bank prior to the crisis. really did buy its trouble. but it made these acquisitions, it paid a very high price for these acquisitions. both these institutions frankly should have been run through an fdic or bankruptcy process. losses should have been imposed on their shareholders and their creditors but instead they were bailed out with the b of a acquisition. and it took taxpayer support to stabilize that transaction. i think
. $60 billion and counting, kate. thank you. >>> some reaction now from sheila bair who joins me now exclusively. she's the former chair of the federal deposit insurance corporation. sheila, good to see you again. >> thanks for having me. >> a couple of issues this week that all come to a point that we'll get to, i think. first start with this bank of america news. first of all, is this proportionate, second of all, what precedent is this setting? this is the larger teheme,...